SHORT SELLING

Introducing Pacific Sun Properties

As a Registered Realtor Broker, Pacific Sun Properties will be the agency participating in your short sale. We have experience with these types of transactions and are here to offer professional and considerate help when you decide that a short sale is your best option.

We offer free, discreet consultations over the phone, at our office, or in your home and there is never any obligation. We never charge you any out of pocket fees. We are only paid by the bank when your home is sold. We close 95% of our short sale listings and you will always deal directly with our team from the first phone call.  CONTACT US TODAY

To get you a better idea of your options, let's explain a short sale and review some of the benefits.

Benefits of Short Sale

  • You stay in control of your home and it sells Quickly and Easily for Top Market Value
  • You pay absolutely nothing, no commissions, no closing costs
  • Your home is SOLD BY YOU avoiding the stress and sometimes embarrassment of foreclosure
  • Your credit will be saved from the Foreclosure Ding
  • You walk away from your sold home with no debt and no tax consequences
  • You control any future costs. If your property is sold at an auction, you may owe deficiencies and other expenses to the lender. Under most short sales we negotiate, the homeowner will be relieved of this possible future headache.

Pacific Sun Properties on the web at www.PacificSunProperties.net

The Right Choice

A short sale is a win-win solution for the home owner and the lender. The lender gets the highest price for a quick sale at a market price. The borrowers get their credit restored and generally get relief from possible future legal actions and deficiency judgments.

Short sales occur when borrowers sell their property for a price less than the amount owed to their lender(s) - taking into account all expenses, including brokerage fees. In order for this to take place the lender(s) must accept a discounted payoff; meaning the bank(s) gets paid less than the full loan amount owed. In a short sale, the homeowners get complete relief from all of their mortgage debt.

The end result is your home is sold; the mortgage is satisfied (paid off); and you avoid a foreclosure or a bankruptcy in the event of hardship. Perhaps even better, your credit rating will almost immediately improve because your credit report shows your mortgage was paid in full.

Some additional resources regarding Mortgage Forgiveness Act from the IRS:
Mortgage Forgiveness Debt Relief Act and Debt Cancellation